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Madagascar denies 'land grab' by South Korean conglomerate http://apocadocs.com/s.pl?1227539466
Officials from Madagascar are denying they have reached an agreement to turn over half the island nation's arable land to a South Korean corporation for food production, reports Reuters. The controversial deal -- which would have paid Madagascar nothing and turned over 1.3 million hectares to produce corn and palm oil for export at a time when one-third of country's children are malnourished -- was reported last week by the Financial Times.
"Several announcements have been made regarding Daewoo Logistics' project which are erroneous and we would like to set the record straight," Eric Beantanana, of the Economic Development Board of Madagascar, told Reuters on Thursday.... "Furthermore, we are talking about a search for 100,000 hectares ... It is only after this stage that the rest of the process will continue."
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Your Quips:
Lois says: "Hakkuna Matata -- no, wait, wrong Disney..."
Heartless Phil says: "Sorry, Lois, but one k -- Hakuna -- is the correct spelling.... two kks -- Hakkuna -- means too many worries to count"
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